Project to help secure water supply for 2.5 million people in Western Australia

Contract supports sustainable drinking water supply and infrastructure

DALLAS, April 19, 2024 /PRNewswire/ -- Jacobs (NYSE: J) was selected by Water Corporation, the largest water utility in Western Australia, to design, build, operate and maintain the Alkimos Seawater Desalination Plant in Perth, Australia. The project, part of an alliance with Water Corporation and ACCIONA, is expected to produce 13 billion gallons (50 billion liters) of drinking water per year, scalable up to 26 billion gallons (100 billion liters) under a future project.

Part of an overall program by Water Corporation estimated at approximately $1.83 billion (AUS $2.8 billion), the plant will secure a climate-independent, sustainable water supply to more than 2.5 million Western Australians.

"This appointment strengthens our long-standing relationship with Water Corporation, delivering significant water and wastewater projects in the state," said Jacobs Senior Vice President Keith Lawson. "Furthermore, it recognizes Jacobs' global water capabilities, desalination experience and project delivery capability."

In addition to the desalination facility, the project incorporates a 2.5 mile (4.1 kilometer) offshore outfall tunnel and 1.6 mile (2.6 kilometer) clean, seawater intake tunnel. Both tunnels are approximately 11.3 feet (3.45 meters) inside diameter and will be constructed beneath the seabed using tunnel boring machines.

Jacobs has been at the forefront of innovative desalination plant design, delivery and maintenance for decades, delivering the early-phase concepts for the Alkimos site. This follows Jacobs' roles as the designer of the Sydney Desalination Plant, Gold Coast Desalination Plants, and key roles in many more desalination facilities around the globe including Carlsbad in California and Tuas 3 in Singapore. Consistently ranking in water treatment and desalination on Engineering News Record's list of top design firms, Jacobs leads the way in delivering solutions to water scarcity driven by climate change and a growing population.

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With approximately $16 billion in annual revenue and a talent force of more than 60,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, Instagram, LinkedIn and X.

Certain statements contained in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that do not directly relate to any historical or current fact. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify forward-looking statements. We base these forward-looking statements on management's current estimates and expectations, as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements including, but not limited to, our plans to spin off and merge with Amentum our Critical Missions Solutions business and a portion of our Divergent Solutions business in a proposed transaction that is intended to be tax-free to stockholders for U.S. federal income tax purposes, the timing of the award of projects and funding and potential changes to the amounts provided for under the Infrastructure Investment and Jobs Act and other legislation related to governmental spending, as well as general economic conditions, including inflation and the actions taken by monetary authorities in response to inflation, changes in interest rates and foreign currency exchange rates, changes in capital markets, the possibility of a recession or economic downturn, geopolitical events and conflicts, and the impact of any future pandemic or infectious disease outbreak, including the related reaction of governments on global and regional market conditions, among others. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations in our most recently filed Annual Report on Form 10-K, and Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings; and Item 1A - Risk Factors in our most recently filed Quarterly Report on Form 10-Q, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.

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SOURCE Jacobs